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FLAREGAIN foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://platform.flaregain-tech2.com/, about the company's legal and temporary regulatory information, the company's address EUSTON ROAD, NW1 3DP LONDON, UNITED KINGDOM.

FLAREGAIN Forex Broker

Basic Information

Registered Region
United Kingdom
Operating Period
--
Company Name
FLAREGAIN
Abbreviation
FLAREGAIN
Company employee
--
Customer Service Email Address
SUPPORT@FLAREGAIN.IO
Contact Number
+442081575301
Company Website
Company address
EUSTON ROAD, NW1 3DP LONDON, UNITED KINGDOM
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Company profile

FLAREGAIN Basic Information Founded in 2023 Registered Country United Kingdom Regulation Not Regulated Min. Deposit $250 Tradable Assets currency pairs, indices, commodities, cryptocurrencies, and stocks Trading Platform N/A Payment Methods N/A Customer Support Phone: +44 2080979145Email: support@flaregain.comAddress: Euston road, NW1 3DP London, UKv Overview of FLAREGAIN FLAREGAIN is a recently established brokerage firm that was founded in 2023 and is registered in the United Kingdom. The broker offers various tradable assets, including currency pairs, indices, commodities, cryptocurrencies, and stocks. FLAREGAIN requires a minimum deposit of $250 to open a trading account, which may be considered a relatively high barrier for some traders. Regulation FLAREGAIN operates as an online broker under no regulatory oversight from financial authorities. As an unregulated broker, client funds and transactions are not protected by any investor compensation schemes or regulatory safeguards. This lack of regulation raises concerns about the broker's adherence to industry standards and best practices, potentially exposing traders to higher risks. Pros & Cons FLAREGAIN offer popular products, but the lack of regulation could be a risk factor. The high minimum deposit amount makes it difficult for beginners to start small and test the waters. Additionally, the young age of the company might raise concerns about their experience and stability compared to more established brokers. Pros Cons Popular products provided Not Regulated $250 minimum deposit, unfriendly to beginners An extremly young broker Market Instruments FLAREGAIN provides access to currency pairs, enabling traders to speculate on the forex currencies. Additionally, FLAREGAIN allows trading in global indices, providing exposure to the performance of major stock markets. Traders can also gain exposure to the commodities market, including precious metals and energy resources. Furthermore, the broker offers opportunities to trade in the rapidly growing cryptocurrency market, as well as traditional stocks from various exchanges. Account Types FLAREGAIN recognizes the diverse needs and preferences of traders by offering 7 distinct account types. These account types are differentiated by the required deposit amount, trading conditions, and the availability of additional services. While specific details are not provided, the broker sets a minimum deposit requirement of $250 across all account types, catering to both beginner and experienced traders. Customer Support FLAREGAIN provides multiple channels for traders to access customer support. Traders can reach out to the support team via phone at +44 2080979145, allowing for direct communication and prompt assistance. Additionally, the broker offers an email support channel at support@flaregain.com, enabling traders to submit inquiries and receive written responses. For those seeking in-person assistance, FLAREGAIN has a physical address at Euston road, NW1 3DP London, UK. Phone: +44 2080979145 Email: support@flaregain.com Address: Euston road, NW1 3DP London, UKv Conclusion FLAREGAIN presents itself as a brokerage firm offering a diverse range of tradable instruments, including currencies, indices, commodities, cryptocurrencies, and stocks. While the broker boasts a comprehensive product offering and multiple account types, the lack of regulation raises significant concerns about the safety and security of client funds and the overall integrity of the firm's operations. Additionally, the minimum deposit requirement of $250 may be considered relatively high for some traders. Anyway, traders should think twice before trading with this broker FAQs Q: Is FLAREGAIN a regulated broker? A: No, FLAREGAIN operates without any regulatory oversight, according to the provided information. Q: What tradable assets does FLAREGAIN offer? A: FLAREGAIN provides access to currency pairs, indices, commodities, cryptocurrencies, and stocks. Q: How many account types does FLAREGAIN offer? A: FLAREGAIN has set up seven different account types with varying deposit requirements, conditions, and additional services. Q: What is the minimum deposit requirement for FLAREGAIN? A: The minimum deposit requirement for FLAREGAIN is $250. Q: How can I contact FLAREGAIN's customer support? A: You can contact FLAREGAIN's customer support via phone at +44 2080979145, email at support@flaregain.com, or visit their physical address at Euston road, NW1 3DP London, UK. Risk Warning Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities. Additionally, the content of this review is subject to change, reflecting updates in the company's services and policies. The review's creation date is also relevant, as information could have become outdated. Readers should confirm the latest information with the company prior to making any investment decisions. The responsibility for utilizing the information provided herein lies exclusively with the reader.

Rating Index

VIP

Minimum Deposit
250.000 +

PRO

Minimum Deposit
100.000 +
How to login to FLAREGAIN?
flaregain Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the processes of registering, opening an account, and logging into the flaregain platform. Whether you are a beginner or an experienced trader, this guide is tailored t

  

Flaregain Forex Broker - Complete Information Guide

  

1. Broker Overview

  Flaregain, established in September 2023, is an online trading platform that positions itself as a broker primarily catering to retail forex and CFD traders. The company claims to operate from multiple locations, including Euston Road, NW1 3DP, London, United Kingdom, Marina Bay Financial Centre, Straits View, Singapore, and Wienerbergstraße, 1100 Vienna, Austria. However, it is important to note that Flaregain does not have a verified regulatory status and is often classified as an unregulated broker.

  The company is privately held and has not disclosed any parent company or group affiliations. Flaregain primarily targets individual traders interested in forex, commodities, indices, and cryptocurrencies. Despite its recent establishment, the platform claims to provide a wide range of trading services and tools aimed at both novice and experienced traders. The business model of Flaregain revolves around offering various account types with tiered services, including personal account management and trading assistance.

  

2. Regulatory and Compliance Information

  Flaregain operates without the oversight of major financial regulatory bodies such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC), or the Monetary Authority of Singapore (MAS). Instead, the company claims to be regulated by the Crypto Service Authority, a body that lacks recognition and credibility within the financial community.

  The absence of a legitimate regulatory license raises significant concerns regarding the safety of client funds. Flaregain does not provide a regulatory number or any valid registration documents to support its claims. Furthermore, the company does not participate in any investor compensation schemes, which typically protect clients in case of broker insolvency.

  In terms of compliance, Flaregain has not clearly outlined its Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. The lack of transparency regarding these policies is alarming and suggests that investor protection may not be a priority for the broker.

  

3. Trading Products and Services

  Flaregain offers a variety of trading products, primarily focusing on forex currency pairs, CFDs on indices, commodities, stocks, and cryptocurrencies. The platform provides access to a range of major forex pairs, but specific numbers regarding the total available pairs are not disclosed.

  In addition to standard forex offerings, Flaregain claims to support trading in various asset classes, including commodities like gold and oil, major stock indices, and a selection of cryptocurrencies. However, the frequency of product updates and the introduction of new trading instruments remain unclear, as there is no detailed information available on these aspects.

  Flaregain aims to provide retail trading services, but it does not appear to offer institutional client services or white-label solutions, which limits its appeal to a broader market. Overall, while the broker presents itself as a comprehensive trading platform, the lack of transparency regarding specific offerings raises questions about its commitment to providing a robust trading experience.

  

4. Trading Platform and Technology

  Flaregain utilizes a proprietary trading platform that is web-based, designed to cater to both desktop and mobile users. However, it does not support popular trading platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which are widely recognized for their advanced features and reliability.

  The platform provides basic functionalities for trading, including charting tools and technical analysis indicators. Unfortunately, it lacks more sophisticated features such as automated trading capabilities, which are essential for many traders. The absence of a dedicated mobile app for iOS and Android further limits the platform's usability for traders on the go.

  Flaregain does not disclose its execution model, whether it is ECN, STP, or Market Making, which is crucial information for traders assessing the quality of trade execution. Additionally, there is no information available regarding the server locations or the technical infrastructure that supports the trading environment, which can affect latency and overall trading performance.

  

5. Account Types and Trading Conditions

  Flaregain offers several account types designed to cater to varying levels of trading experience and investment amounts. The minimum deposit to open an account is $250, which is relatively low compared to many brokers. The available account types include:

  • Standard Account: Requires a minimum deposit of $250, offering basic features and personal account management.
  • Bronze Account: Requires a minimum deposit of $3,500, providing additional educational materials and one insured trade.
  • Silver Account: Requires a minimum deposit of $10,000, offering more advanced training and four insured trades.
  • Gold Account: Requires a minimum deposit of $25,000, providing enhanced features and eight insured trades.
  • Platinum Account: Requires a minimum deposit of $50,000, offering premium support and access to mutual investment strategies.
  • Pro Account: Requires a minimum deposit of $100,000, providing exclusive trading conditions and support.
  • VIP Account: Requires a minimum deposit of $250,000, offering tailored strategies and dedicated support.

  The leverage offered by Flaregain varies by account type but is not explicitly stated for each product. The broker does not provide information regarding spreads or commissions, which are essential for evaluating trading costs. Furthermore, the absence of a demo account limits new traders' ability to practice and familiarize themselves with the platform before committing real funds.

  

6. Fund Management

  Flaregain supports a limited range of deposit methods, including bank transfers, credit/debit cards, and e-wallets. The minimum deposit requirement is consistent across account types, starting at $250.

  Deposits are processed relatively quickly, usually within 1-24 hours, depending on the method used. However, specific details regarding deposit fees are not provided, which can lead to unexpected costs for traders.

  Withdrawal methods mirror the deposit options, and Flaregain states that withdrawal requests can take between 1 to 5 business days to process. However, users have reported significant delays and complications when attempting to withdraw their funds, which is a common issue with unregulated brokers. The lack of transparency regarding withdrawal fees and potential limitations further complicates the fund management process for clients.

  

7. Customer Support and Educational Resources

  Flaregain offers several channels for customer support, including phone, email, and an online contact form. However, there is no indication of live chat support or active social media engagement, which can limit accessibility for clients seeking immediate assistance.

  The broker's support is primarily available in English, and the service hours are not clearly defined, potentially affecting clients in different time zones.

  In terms of educational resources, Flaregain provides basic materials such as tutorials and market analysis, but these resources seem to be limited. There is no comprehensive educational program or regular webinars that would typically benefit traders looking to enhance their skills. Furthermore, the lack of advanced trading tools and market analysis services raises concerns about the broker's commitment to supporting its clients' trading journeys.

  

8. Regional Coverage and Restrictions

  Flaregain claims to serve clients in multiple regions, including the United Kingdom, Austria, and Singapore. However, the actual reach of the broker's services is unclear, as it does not provide specific information regarding the distribution of its offices or the exact markets it serves.

  There are also indications that Flaregain may not accept clients from certain countries, particularly those with strict regulatory environments. The absence of a clear list of restricted jurisdictions can lead to complications for clients who may unknowingly attempt to register from prohibited regions.

  In summary, while Flaregain presents itself as a promising trading platform, numerous red flags regarding its regulatory status, transparency, and customer service practices suggest that potential investors should proceed with caution. Investing with an unregulated broker like Flaregain carries significant risks, and it is advisable to consider more reputable alternatives in the market.

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FLAREGAIN

News

WikiFX Broker Assessment Series | FLAREGAIN: Is It Trustworthy?

Exposure WikiFX Broker Assessment Series | FLAREGAIN: Is It Trustworthy?

In this article, we will conduct a comprehensive examination of FLAREGAIN. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.

Flaregain Alert: No License, No Withdrawals, Big Problems

Exposure Flaregain Alert: No License, No Withdrawals, Big Problems

Flaregain exposed: An unregulated Forex broker failing to honor withdrawals, a stark warning for traders about the dangers of unlicensed platforms.

FLAREGAIN Forex Broker has an overall rating of 1.28, Regulatory Index 0.00, License Index 0.00, Business Index 5.23, Software Index 4.00 Risk Control Index 0.00.